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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Comment by oreelseon Mar 07, 2013 12:05pm
197 Views
Post# 21094371

RE: Monopoly Game

RE: Monopoly Game

PM Harper is aware of what's best for Cnd, ON & FN and ROF's serious shareholders. Harper is Cnd MBA Finance qualified & proven, knowing all the key players keen on ROF investing including Multi-Nationals. He knows the Xstrata & Vale histories.

 

What will maximize ROF returns is not an International Trading Co being a Multi National's ROF Sales Agent.

 

Between now & Apr 16 / 2013 when Glencore probably takes over Xstrata, PM Harper should be seen supporting KWG/DDI/CCC & deciding what RR entity can best fast-track the ROF NS RR to Nakina &/or Lake Superior. 

 

PM Harper will by then, also understand what Glencore meant by "More advanced greenfield projects like copper mine Las Bambas in Peru and nickel mine Koniambo in New Caledonia could remain" owned by the new Glencore; i.e. they could be sold. 

 

Falconbridge (still an entity under Xstrata) owns 49% of Koniambo plus Koniambo Sales Agencies. China is a likely buyer & also has shown considerable interest in the ROF. Glencore, as was the case with Vale, will no doubt want all the Sales Agencies they can get from the ROF etc.

 

 

Bullboard Posts